The Latest Breaking News from Jason Smith

A trade deal to allow more Japanese cars to qualify for electric vehicle incentives may not reduce China's dominance in raw materials.

WASHINGTON — Sen. Todd Young has a pitch to clear a path forward on tax legislation after a partisan standoff last year gave way to a monthslong chill. He’d pair a more generous research and development benefit for businesses with affordable housing measures to aid low-income families.

House Republicans are lowering expectations for a balanced budget blueprint this year, but committed to cap next year’s spending.

WASHINGTON — House Republicans slammed the Biden administration’s tax proposals in a hearing with Treasury Secretary Janet L. Yellen on Friday, giving the president’s latest budget request an icy reception.

House Republicans slammed the Biden administration’s tax proposals in a hearing with Treasury Secretary Janet L. Yellen on Friday.

WASHINGTON — Lawmakers backing a push from public sector workers to restore higher Social Security payouts are gearing up to capitalize on momentum in the last Congress and force action in the House this year.

Lawmakers backing a push from public sector workers to restore higher Social Security payouts are gearing up for legislative action this year.

The CQ Roll Call newsroom tracks campaigns nationwide, sharing the best stories, with some extras, in the At the Races newsletter.

In the worst political showdown over the U.S. debt limit to date, a little-known former Treasury official in 2011 helped convince lawmakers that raising the ceiling was the only option. He’s back at it now, but from a much higher perch: chair of the Federal Reserve.